On April 1, Small Business Majority's Colorado Director Lindsey Vigoda testified before the House Health and Insurance Committee on legislation that requiring Health Care Sharing Arrangements (HCSAs) to submit basic information to the Colorado Division of Insurance about how they operate, which will provide greater transparency for all Coloradans and entrepreneurs who may wish to sign up for HCSAs.
On March 4, Small Business Majority submitted a letter in support of the Georgia Economic Growth Act to the House Committee on Government Affairs at the Georgia General Assembly. The legislation will establish a State Office of Supplier Diversity, which would help increase supplier diversity in state contracts and expand procurement opportunities targeting minority-owned businesses in Georgia.
Today, Small Business Majority shared a letter with members of the U.S. Senate Committee on Small Business & Entrepreneurship to share concerns about recent actions preventing the nomination of Dilawar Syed to Deputy Administrator of the U.S. Small Business Administration. The letter outlines Mr. Syed's qualifications for the role and urges the Committee to advance his nomination swiftly.
On June 10, 2021 Small Business Majority wrote to California State Senator Richard Roth in support of AB 915, which would ensure that a fair share of procurement spending is directed and dedicated to small and minority-owned small businesses.
With yesterday's committee confirmation of Isabel Guzman, Small Business Majority submitted a letter to leadership urging the Senate to swiftly confirm President Biden's nominee for Administrator of the U.S. Small Business Administration.
Today, Small Business Majority sent a letter to Congressional leaders urging them to pass a comprehensive and robust COVID-19 relief package. This week kicks off National Small Business Week when just last week, new data revealed small businesses across the country are closing permanently. The consequences of not passing a relief package that includes more funding for small businesses would be catastrophic.
Today, Small Business Majority submitted comments to the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation regarding proposed rules changes to the Community Reinvestment Act. Some of Small Business Majority's concerns include that these proposed changes would negatively impact underserved entrepreneurs in low and moderate income (LMI) communities and disincentive banks from making qualified smaller-dollar loans that are the lifeblood of small businesses.
Policymakers at all levels, from town councils to the halls of Capitol Hill, emphasize the challenges of small businesses as a key talking point during political debates. But new opinion polling in four states—Illinois, Missouri, Virginia and Wisconsin—reveals small businesses feel their government officials don’t actually understand their challenges, and they support a wide array of policies to address their needs, some of which might come as a surprise to their elected officials.
Rhetoric blaming government regulations for a lack of small business growth and our stagnant economy has reached a fever pitch. Legislators have introduced bills aimed at curbing regulations, believing this would stimulate our sluggish economy. While lawmakers are right to view small business as the key to economic recovery, small businesses don’t see regulations as their No. 1 concern. Instead, the vast majority of small business owners believe weak demand is the primary problem for their business right now, not regulations.